The eVoluTIoN aNd The New froNTIerS of SocIal reSpoNSIbIlITy accouNTINg
Journal Title: Problems of Management in the 21st Century - Year 2014, Vol 9, Issue 1
Abstract
It is required currently from enterpeneurs to run their business according to the principles of sustainable development. As a result the rapid growth for corporate social responsibility among business owners is commonly observed. They started noticing that being socially responsible can help improve financial results and competitiveness. In order to achieve these goals company involving in corporate social responsibility should disclose accurately and credibly information on the social and environmental effects to both external and internal stakeholders. The research was aimed at indicating the limitations of traditional accounting and the benefits of integrated reporting. The research problem concerns the informative gap between data being reported in traditional financial reports and stakeholders’ requirements which appears as a consequence of existing accounting procedures and traditional financial reporting frameworks. According to hypothesis adopted in this paper integrated reporting helps diminish the information gap. On the basis of the conducted analysis it has to be said that, integrated reporting as a communication tool enables the company to build social trust and serve as a differentiator in a competitive environment. That is the reason why, despite the lack of a globally accepted integrated reporting framework, companies are more prone to prepare reports voluntarily.
Authors and Affiliations
Anna Wildowicz-Giegiel
Keywords
Related Articles
- EP ID EP32175
- DOI -
- Views 304
- Downloads 0
MANAGING THE RISK OF VIOLATING HUMAN RIGHTS UNDER INDUSTRIAL RESETTLEMENT PROGRAMS
The purpose of this reflection is understanding what approaches towards human rights are applied in the case of industrial resettlement programs, and, to investigate what policy could be employed to better protect rights...
MANAGEMENT CHALLENGES IN THE CONTEXT OF RISK CULTURE
In recent years (especially in the context of the financial sector) we can find many debates (public and academic) which emphasise the need to change mindsets in management (Gorzeń-Mitka, 2012). This discussion is a resu...
DELEGATION OF COMPETENCES IN THE RELATIONS SYSTEM OF THE ENTERPRISES MANAGEMENT
New quality of the modern market is shown in expansion of scales of cooperation of corporations and the small enterprises. Deciding condition of the successful formation of the competitive advantages is the level of the...
USE OF INFORMATION TECHNOLOGY FOR FINANCIAL MANAGEMENT IN CZECH ENTERPRISES
This study examines the impact of the adoption of software tools for Financial Management support on the Financial Management function. In addition to that, it was intended to study the level of contribution these tech...
THE SPECIFIC AND GENERAL NATURE OF LOGISTICS TASKS
There are many ways to defne and to describe jobs and assigning to people. This is a key issue in both blue collar and in white collar jobs. This analysis focuses on the work content of jobs in logistics. However, the...